Mount Yale Investment Advisors LLC Has $513,000 Stake in Lithia Motors, Inc. (NYSE:LAD)

Mount Yale Investment Advisors LLC reduced its holdings in Lithia Motors, Inc. (NYSE:LAD) by 2.4% during the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 1,434 shares of the company’s stock after selling 36 shares during the period. Mount Yale Investment Advisors LLC’s holdings in Lithia Motors were worth $513,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. V Square Quantitative Management LLC bought a new position in shares of Lithia Motors in the 3rd quarter worth $35,000. UMB Bank n.a. lifted its stake in Lithia Motors by 69.9% in the fourth quarter. UMB Bank n.a. now owns 124 shares of the company’s stock valued at $44,000 after buying an additional 51 shares during the period. GAMMA Investing LLC boosted its holdings in Lithia Motors by 30.5% during the fourth quarter. GAMMA Investing LLC now owns 167 shares of the company’s stock worth $60,000 after buying an additional 39 shares during the last quarter. Blue Trust Inc. grew its position in shares of Lithia Motors by 49.3% during the 3rd quarter. Blue Trust Inc. now owns 200 shares of the company’s stock worth $64,000 after buying an additional 66 shares during the period. Finally, Signaturefd LLC increased its stake in shares of Lithia Motors by 23.9% in the 3rd quarter. Signaturefd LLC now owns 249 shares of the company’s stock valued at $79,000 after acquiring an additional 48 shares during the last quarter.

Insiders Place Their Bets

In other Lithia Motors news, CFO Tina Miller sold 1,000 shares of the company’s stock in a transaction on Wednesday, November 27th. The shares were sold at an average price of $392.72, for a total transaction of $392,720.00. Following the sale, the chief financial officer now directly owns 10,403 shares of the company’s stock, valued at approximately $4,085,466.16. This represents a 8.77 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available through this hyperlink. Also, insider Gary M. Glandon sold 242 shares of Lithia Motors stock in a transaction dated Thursday, November 21st. The shares were sold at an average price of $382.86, for a total transaction of $92,652.12. Following the completion of the transaction, the insider now directly owns 1,729 shares of the company’s stock, valued at approximately $661,964.94. This trade represents a 12.28 % decrease in their position. The disclosure for this sale can be found here. Insiders have sold 38,770 shares of company stock valued at $15,103,607 in the last 90 days. 1.79% of the stock is currently owned by insiders.

Analyst Upgrades and Downgrades

Several research firms recently weighed in on LAD. JPMorgan Chase & Co. reduced their price objective on shares of Lithia Motors from $405.00 to $400.00 and set an “overweight” rating on the stock in a research note on Friday, January 17th. Stephens lifted their price target on shares of Lithia Motors from $360.00 to $405.00 and gave the stock an “overweight” rating in a research report on Thursday, October 24th. Wells Fargo & Company upped their price objective on shares of Lithia Motors from $343.00 to $346.00 and gave the company an “equal weight” rating in a research report on Wednesday, January 15th. StockNews.com upgraded Lithia Motors from a “sell” rating to a “hold” rating in a report on Tuesday, January 14th. Finally, Benchmark began coverage on Lithia Motors in a report on Wednesday, January 8th. They issued a “buy” rating and a $400.00 price target for the company. Five investment analysts have rated the stock with a hold rating and six have issued a buy rating to the company’s stock. According to MarketBeat.com, Lithia Motors currently has an average rating of “Moderate Buy” and a consensus price target of $357.40.

Lithia Motors Stock Performance

LAD opened at $367.41 on Wednesday. The business’s 50-day simple moving average is $365.51 and its 200 day simple moving average is $325.34. Lithia Motors, Inc. has a 52-week low of $243.00 and a 52-week high of $405.67. The company has a debt-to-equity ratio of 1.23, a quick ratio of 0.27 and a current ratio of 1.18. The firm has a market capitalization of $9.79 billion, a PE ratio of 12.54, a PEG ratio of 4.83 and a beta of 1.67.

Lithia Motors Profile

Lithia Motors, Inc operates as an automotive retailer worldwide. It operates in two segments, Vehicle Operations and Financing Operations. The company’s Vehicle Operations segment sells new and used vehicles; provides parts, repair, and maintenance services; vehicle finance; and insurance products. Its Financing Operations segment provides financing to customers buying and leasing retail vehicles.